Divisional Risk and Control Analyst, AS

Job Title: Divisional Risk and Control Analyst, AS

Location: Mumbai, India

Role Description

• The team is part of the Team ‘Business Risk & Controls (BRC)’.  The PB BRC guards the “Protect” agenda by overseeing non-financial risks, conduct & control topics and regulatory changes.
• The team works across global PB franchise delivering complex key risk and control agenda, adding value for the Business to reduce complexity and enhance controls. The team works with cross-functional and global teams, collaborating with multiple stakeholders globally across the bank.

About Deutsche Bank:

Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world.  We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management.  We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

Divisional Risk and Control is responsible for non-financial risk and control management for the relevant operating Division or Infrastructure function or Dedicated Central Control Unit for the bank. Work includes:

• Defining the risk management framework for Financial Crime Risk (FCR).
• All Control activities and respective procedures, severing as the gate keeper of relevant information and output to enable Financial Crime Risk (FCR) management oversight.  
• Controls Oversight and Maintaining operational control and discipline across the organizational unit.
• Ensuring that business is conducted in accordance with applicable laws, regulations and in adherence to the bank's internal policies.
• Providing thought-leadership around business specific risk taxonomies, assessment methodologies, process and control Implementation and a consolidated view of non-financial risks.
• Controls Inventory and Quality Assurance - Developing, and own and manage the FCR Controls inventory including any related testing.
• Deliver Risk and Control Assessment reviews and coordinating execution of risk and control self-assessment (RCSA) process, as may be required.
• Developing process and procedures to report on, manage, and mitigate risks to acceptable levels.
• Oversee procedures developed by first line and develop procedure update approach which includes stakeholder engagement, reporting, and relevant training.
• Executing certain risk-related processes and draft first line risk procedures (e.g. product reviews, issue capture, regulatory change management, vendor management etc.).
• Coordinate with a diverse set of stakeholders across 1LOD and 2LOD to help completion of FCR tasks and activities and maintain effective partnerships within DCO, COO colleagues & Infrastructure partners.
• Driving messaging and information from second line to first line (e.g., policies, procedures, training) and act as policy and procedure single point of contact to all booking centres.
• Developing sustainable performance culture, whilst assuring strategy alignment among various organizational levels and contribute to the development and build know-how within the team.

About the business division

• The Private Bank combines Deutsche Bank’s private client’s business in Germany and its international business with private and commercial clients together with Wealth Management in a single division.
• In both the domestic German market and worldwide the Private Bank provides high-quality advice to ~20 million clients and a broad range of financial services in many countries – ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium, and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises.
• The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network, and modern digital services.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

Controls Oversight and Controls Inventory-

• All Control activities and oversee respective procedures, severing as the gate keeper of relevant information and output to enable financial crime risk management oversight.  
• Support the production and delivery of monthly Non-Financial Risk materials, reports and MI at Global and Regional Level
• Responsible to run the process to collate the relevant metrics and MI within the remit of the team and assist in designing and improving/ automating the processes in areas of responsibility
• Document and maintain various policies, manuals and internal procedures pertaining to non-Financial topics as may be required in the function.
• Develop subject matter expertise on non-financial risk and controls within the remit of the team
• Oversight/support in execution of non-financial risk topics including RCA topics

Advisory

• Coordinate with a diverse set of stakeholders across 1LOD and 2LOD to help completion of FCR tasks and activities and maintain effective partnerships within DCO, COO colleagues & Infrastructure partners
• Ensure that any sensitive issues are escalated promptly with sound analysis and recommendations
• Close cooperation with various BR&C stakeholders, primarily in Europe (focus: Germany)

Your skills and experience

Education & Experience

• Knowledge of non-financial risks and controls
• Proven experience of working with risk and controls processes
• Relevant experience in the Retail Banking / Private Banking sector or experience in financial services or consultancy (with Private Banking experience preferred but not essential)
• Experience working on small to medium scale projects within global environment.
• University degree

Competencies

• Very strong analytical skills (quantitative and qualitative)
• Proficiency with Microsoft Office programs; e.g. Excel , Word and PowerPoint
• Automation projexts experience, skills using Co-pilot/ AI
• Ability to work in crunch situations
• Strong communication (written and verbal) and relationship skills
• Ability to clearly articulate and present supported topics
• Excellent command of the English language (written and spoken skills)
• Strong work ethic, commitment to excel and proven capacity to work effectively with limited supervision

Personal Characteristics

• Proactive attitude and self-initiative
• Ability to think laterally.
• Strong Team Player skills as well as working independently
• Eagerness to learn and adapt to new situations and processes
• Delivery-focused, able to manage multiple deliverables to deadlines
• Flexibility with respect to new tasks and the ability to work diligently in stressful situations
• Ability to learn quickly
• Driven and able to handle day-to-day routine as well as cope with shifting priorities and changing responsibilities to meet needs and demands

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.